Baker Hughes announced it has closed yet another one of its Texas offices, the Houston Business Journal reports.
The company’s office located in Bryan, Texas has been permanently shut down, and 54 of its employees have been let go as a result. Baker Hughes said in a statement that terminated employees may be eligible for redeployment. Laid off employees will be paid for a 60-day period, and benefits will continue for three months following the closure of the office.
The office closure in Bryan follows fellow Texas-based closures in Mineral Wells, Texas and Alice, Texas, both of which combined for approximately 160 job cuts. The cuts keep coming after Baker Hughes made the announcement in January that it will be trimming 11 percent of its total workforce in 2015, or about 7,000 jobs. In the Houston area alone, Baker Hughes employs nearly 8,000 workers.
The company, in a statement to the city of Bryan, said it “must reduce its cost structure companywide in order to remain competitive in this challenging business environment.” The city of Bryan borders the city of College Station, with the combined metro area accounting for approximately 190,000 people.